/C O R R E C T I O N -- Thomson Reuters/

In the news release, Venture Capital Fundraising Activity Registers Second
Consecutive Quarterly Decline in the Third Quarter of 2009, issued 12-Oct-2009
by Thomson Reuters over PR Newswire, we are advised by the company that the
boilerplate for Thomson Reuters was incorrect. The full, corrected release
follows:

Venture Capital Fundraising Activity Registers Second Consecutive Quarterly
Decline in the Third Quarter of 2009

NEW YORK, Oct. 12 /PRNewswire/ -- Just 17 venture capital funds raised $1.6
billion in the third quarter of 2009, according to Thomson Reuters and the
National Venture Capital Association (NVCA). This level represents the
smallest number of venture funds raising money in a single quarter since the
third quarter of 1994 when 17 funds were also raised and the lowest level of
dollars committed since the first quarter of 2003 when $938 million was
raised.

Fundraising by Venture Funds

Number of Venture
Year/Quarter Funds Capital($M)
------------ --------- -----------
2004 218 19,154.4
------------ --------- -----------
2005 242 28,962.7
------------ --------- -----------
2006 242 31,925.0
------------ --------- -----------
2007 251 36,064.9
------------ --------- -----------
2008 224 28,604.6
------------ --------- -----------
2009 87 8,374.6
------------ --------- -----------
3Q'07 77 8,595.8
------------ --------- -----------
4Q'07 86 12,322.5
------------ --------- -----------
1Q'08 74 7,228.4
------------ --------- -----------
2Q'08 82 9,284.5
------------ --------- -----------
3Q'08 63 8,497.0
------------ --------- -----------
4Q'08 49 3,594.7
------------ --------- -----------
1Q'09 50 4,810.9
------------ --------- -----------
2Q'09 27 1,965.5
------------ --------- -----------
3Q'09 17 1,557.8
------------ --------- -----------
Source: Thomson Reuters &
National Venture Capital Association

"Anecdotally we are hearing that fundraising activity is accelerating as more
firms that were waiting for economic recovery are beginning to formally seek
commitments," said Mark Heesen, president of the NVCA. "The reality, however,
is that many limited partners are still determining their long term strategies
in wake of the past year's financial crisis and that slows the process down
considerably. We expect commitment levels to remain modest for the remainder
of 2009 with gradual increases beginning in 2010."

There were four new funds and 13 follow-on funds raised in the third quarter
of 2009, a ratio of about 3-to-1 of follow-on to new funds. The largest new
fund reporting commitments during the third quarter was Andreessen Horowitz
Fund I, L.P, which raised $58.5 million in its inaugural fund. A "new" fund
is defined as the first fund at a newly established firm, although the general
partner of that firm may have previous experience investing in venture
capital.

VC Funds: New vs. Follow-On

No. of
No. of Follow-
New on Total
------ ------- -----
2004 64 154 218
----- ------ ------- -----
2005 68 174 242
----- ------ ------- -----
2006 57 185 242
----- ------ ------- -----
2007 62 189 251
----- ------ ------- -----
2008 51 173 224
----- ------ ------- -----
2009 15 72 87
----- ------ ------- -----
3Q'07 15 62 77
----- ------ ------- -----
4Q'07 27 59 86
----- ------ ------- -----
1Q'08 12 62 74
----- ------ ------- -----
2Q'08 23 59 82
----- ------ ------- -----
3Q'08 14 49 63
----- ------ ------- -----
4Q'08 12 37 49
----- ------ ------- -----
1Q'09 3 47 50
----- ------ ------- -----
2Q'09 8 19 27
----- ------ ------- -----
3Q'09 4 13 17
----- ------ ------- -----
Source: Thomson Reuters &
National Venture Capital Association

The largest fund raised in the third quarter was follow-on fund Khosla
Ventures III, which raised $750 million for an early stage fund, followed by
Draper Fisher Jurvetson X, L.P. which saw $196 million in fund commitments
during the third quarter of 2009.

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About National Venture Capital Association
The National Venture Capital Association (NVCA) represents more than 400
venture capital firms in the United States. NVCA's mission is to foster
greater understanding of the importance of venture capital to the U.S. economy
and support entrepreneurial activity and innovation. According to a 2009
Global Insight study, venture-backed companies accounted for 12.1 million jobs
and $2.9 trillion in revenue in the United States in 2008. The NVCA represents
the public policy interests of the venture capital community, strives to
maintain high professional standards, provides reliable industry data,
sponsors professional development, and facilitates interaction among its
members. For more information about the NVCA, please visit www.nvca.org.

SOURCE Thomson Reuters; National Venture Capital Association

Emily Mendell, NVCA, +1-610-565-3904, emendell@nvca.org, or Matthew Toole,
Thomson Reuters, +1-646-223-7212, matthew.toole@thomsonreuters.com, or Janice
Addams, Thomson Reuters, Public Relations, +1-646-223-6940,
janice.addams@thomsonreuters.com